Get a $200 bonus for a new checking account with this offer from AFFCU.
You can qualify for the bonus when you use BONUSCASH to open a new account and set up direct deposit of $500 within 60 days.
Eligibility for membership at AFFCU is open to those who are active duty members, reservists, veterans, retirees, or dependents of U.S. Armed Forces or National Guard personnel, provided they reside or work in Texas, Oklahoma, Arkansas, Louisiana, or Mississippi.
See the bottom of this page for more offers.
AFFCU Bonus Offer
- What you’ll get: $200
- Where it’s available: AR, LA, MS, OK, TX and U.S. Armed Forces or National Guard in those states.
- How to earn it:
- Open a New Checking Account:
- Use the promo code “BONUSCASH” during the account opening process.
- Set Up Direct Deposit:
- Arrange for a direct deposit of at least $500 into your new account within 60 days of opening it.
- Enroll in Digital Banking:
- Sign up for online and/or mobile banking with AFFCU.
- Open a New Checking Account:
- When it expires: None listed
Waive The Monthly Fee
Value Checking Only. No monthly fee associated with this account. $25 initial opening deposit required. No monthly minimum balance required.
READ MORE: GET TOP OFFERS FROM CHASE, AXOS, BANK OF AMERICA AND BMO.
Fine Print
- This $200 Checking Bonus is not available to existing AFFCU checking members, or members who are not in good standing, or closed their account or checking account within the last 12 months, or closed with a negative balance at any time.
- To receive the $200 Checking Bonus, open a new Value Checking or Rewards Checking account, which is subject to approval, and within 60 days of opening the account complete these activities:
- Make a direct deposit through the Automated Clearing House (ACH) totaling $500 or more. Your direct deposit ACH must be a settled deposit of your paycheck, salary, other income, pension, or government benefits (such as social security) from your employer or government. Deposits made through the mail, financial center, mobile deposit or ATM, micro-deposits, transfers from one account to another, Person to Person (P2P) payments including those made through providers such as Zelle, Venmo, PayPal through ACH, or other non-payroll ACH electronic deposits will not be considered as direct deposits; –AND–
- Enroll in AFFCU Digital Banking (web browser or mobile app).
- After meeting these requirements, the $200 Checking Bonus will be added to your checking account within 30 days.
- If the account has a negative balance, resulted in a loss to AFFCU, or is closed prior to AFFCU’s attempt to deposit the Checking Bonus, the bonus will not be awarded.
- Limit of one offer per U.S. Taxpayer Identification Number.
- Primary account holders must be at least 18 years old to be eligible.
- Accounts subject to backup withholding, AFFCU employees and volunteers, and accounts qualified under eligibility through the Defense Language Institute English Language Schools are ineligible to participate in this offer.
- $200 Checking Bonus is considered interest, and will be reported on IRS Form 1099-INT, and the recipient is responsible for all applicable taxes.
- Offer is for a limited time, subject to discontinuation or change without notice, and is subject to verification, eligibility and qualification review.
- Certain restrictions apply.
Our Take on the Bank Offer
This $200 checking bonus from AFFCU seems like a decent opportunity if you’re eligible and in the market for a new checking account.
Just remember to open either a Value Checking or Rewards Checking account and follow the specific requirements, like setting up a qualifying direct deposit and enrolling in digital banking.
If this offer aligns with your banking needs and you meet the criteria, it could be a worthwhile option.
BMO Bank is currently offering a $250 or $400 cash bonus for a new checking account. Alternatively, Chase is offering a $300 bonus for its Chase Total Checking account.
See More:
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.